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that collapsed during superstorm sandy is still hanging precariously over one of the busiest cross streets in manhattan. we'll take you live to the scene next and the massive litigation that is sure to follow because this crane collapsed as it was sitting on the roof of this building even though we anticipated this storm. >>> later, millions are still without power as we speak across the east coast. damage estimates mounting in the billions of dollars. courtney reagan is tallying it up in few minutes. >>> and how will hurricane sandy affect the elections? we're back in a moment. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550
"closing bell." stay with us. >>> cleanup costs. superstorm sandy causing billions in damages. now companies are warning the storm will wreak havoc on earnings. the ce e o from clorox is here exclusively. >>> plus, sandy causing gas lines reminiscent of the 1970s throughout the new york area. we've got the latest details on the crisis and how ugly it's getting out there. >>> and at least those lines are over something essential like gasoline. check out all the people waiting to get their hands on apple's new mini ipad. there'sing in small about this show today. that and more next. [ male anno] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> welcome back. clorox just one of the many companies whe
. we should note these results do not include the effects of superstorm sandy. joining me now to talk about that is aig president and ceo bob benmosche. we appreciate you joining us today. >> my pleasure, maria. >> so let's first talk about the earnings results. take us behind the numbers. how would you characterize business? >> i think it's another strong quarter for aig. we've had, you know, several in a row now. all of our businesses are profitable, all contributing strong to the earnings. so we're very pleased with the results, and the fact is as i've said before, the crisis is over. the company's fundamentally very strong. very strong liquidity position and capital position for the company. we're continuing to grow into the future. >> what's your expectation for the next quarter, bob? what will drive business? >> next quarter will be more of what you saw in this quarter. a continued -- we had some minor issues that were with brought up in this quarter where accounting areas were brought up from the past. i don't think those will reoccur. we're going to have to deal with the effec
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